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Women-owned startup Ellevest raises $33 million from Melinda Gates’ Pivotal Ventures, PayPal, others to help women achieve their financial goals
Ellevest was founded in 2014 by Charlie Kroll and Sallie Krawcheck with a mission to close the gender-investing gap. Ellevest helps women achieve their financial goals through modern, low-cost investing, with a beautifully designed digital platform backed by a unique investing approach.
- Categories
- Investing
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Viewpoint: As Facebook looks to WeChat, China’s digital world is wowing the West, and globalisation is no longer a one-way street
With even Silicon Valley giants like Facebook learning from the hyperconnected WeChat universe, the investment in data and AI by the Chinese state and companies is paying off.
- Categories
- Technology
- Region
- Asia Pacific
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Press release: New Guide from MMI and TIIP Helps Financial Advisors Integrate Sustainable Investment into Their Practices
The guide, entitled “Fundamentals of Sustainable Investment: A guide for financial advisors,” addresses pervasive industry myths about sustainable investing, disentangles the complicated web of vocabulary used to describe the approach, and provides practical recommendations on how to help clients reach their sustainable investing goals.
- Categories
- Investing
- Tags
- ESG, impact investing
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Report: Mobile cash transactions averaged Sh15 million per minute in Kenya in 2018
The most recent data by the Communications Authority shows mobile money transactions for the October-December period rose by Sh337 billion to Sh2.1 trillion as mobile wallets become the more preferred mode of payment.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Impact Investments Under Management Total $502 Billion
The broad market for sustainable investing practices, which includes investing in public companies with best practices against environmental, social, and governance (ESG) metrics, was pegged at about US$12 trillion in 2018, according to the The Forum for Sustainable and Responsible Investment.To date, the only sense of the impact investing market’s size was the GIIN’s annual investor survey,
- Categories
- Investing
- Tags
- impact investing
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Report: New mobile money propositions have the potential to reduce the world’s unbanked population by more than a third
“Simply providing access to financial services is not enough. To achieve any real impact, people also need to become active users of financial products.”
- Categories
- Finance, Technology
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M-Pesa Bank? Members of Parliament seek Central Bank regulation
If MPs have their way, the telecommunications regulator, the Communications Authority of Kenya (CA), will be compelled to ensure that mobile money services like Safaricom’s M-Pesa, Airtel Money and Telkom’s T-Kash are licensed as banks.
- Categories
- Finance, Telecommunications
- Region
- Sub-Saharan Africa
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Zambia looks to link up mobile money operators
The NFS is being established under the National Payment System with the aim of linking with other payment systems (individual operators' payment systems) without undue restrictions.
- Categories
- Finance
- Region
- Sub-Saharan Africa
